Emirates NBD bumps up loan to $500m

Dubai_230
By Pan Yue
06 Aug 2019

Emirates NBD, a Dubai-based bank, has closed its dual-tranche loan at $500m with 15 lenders, increasing it from an initial size of $400m.

Mizuho was the sole mandated lead arranger, bookrunner and underwriter.

The borrowing was split into two tranches: facility ‘A’ was a $200m three year provided by Korea Development Bank, Mizuho and State Bank of India, while facility ‘B’ was a $300m five year. Only facility ‘B’ was ...

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